ADVANTAGES OF PROGRESSIVE, AN INDEPENDENT TITLE COMPANY:

  • Long history of satisfied customers
  • Has adopted the American Land Title Association Best Practices recommendation, making us CFPB compliant.
  • We are chosen for quality of service and price.
  • We are motivated to do a good job for the loan officer in order to keep your business.
  • We want to build a relationship with you, and are here to help in whatever way we can.
  • When working with us, there is no chance of a class action law suit based on sham affiliates.

 

THE DANGERS OF AFFILIATED BUSINESSES FOR LOAN OFFICERS:

System under affiliates:

  • Loan officer directs business for cash or “return on investment.”
  • Loan officer loses independence.
  • Loan officer appears to have a conflict of interest.
  • If Title company provides poor service loan officer risks commission for minor “return on investment.”
  • Loan officer cannot question prices.